Frogmore, Ontario Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $310,000 |
| Monthly growth | 1.0% |
| Quarterly trend | 2.5% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $450,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $650,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $470,000 |
Demographics
| Current Population (2025) | 16,000 |
| Previous Population (2020) | 15,000 |
| Population Change | 6.7% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
The real estate market in Frogmore, Ontario is currently experiencing steady growth. The median house price stands at $525,000, with a year-over-year increase of 4%. This indicates a stable market that is attracting homeowners and investors alike. Additionally, the median apartment price is $310,000, which has seen a slightly lower year-over-year growth of 2.5%. This difference in growth rates between houses and apartments may suggest a higher demand for single-family homes in the area.
Alongside pricing trends, Frogmore’s population growth of 6.7% is a significant factor contributing to the demand for housing. This influx of residents is likely fueling the housing market and may lead to tighter inventory levels if the pace continues.
2. Investment Opportunities and Potential
With Frogmore’s population on the rise and consistent growth in property values, the area presents attractive investment opportunities. Single-family homes appear to be particularly promising given their higher appreciation rate compared to apartments. However, the more affordable apartment sector offers a lower barrier to entry for first-time investors or those with limited capital.
Investors should also consider rental properties as an option due to the increasing population that may include renters seeking accommodation in Frogmore. Given the current trends, rental demand is likely to remain strong, providing a steady income stream for property investors.
3. Future Market Outlook
The future market outlook for Frogmore appears optimistic based on current trends and data. If the population continues to grow at its current rate of 6.7%, it will likely sustain or even increase demand for housing in both purchase and rental markets.
As long as economic conditions remain favorable and no significant changes disrupt the local economy or housing policies, we can expect a continuation of moderate price growth in Frogmore’s real estate market. Prospective buyers and investors should keep an eye on interest rate movements and any new developments that could impact supply and demand dynamics.
In conclusion, while no market is without risk, Frogmore’s real estate market showcases solid fundamentals with steady growth potential in both residential sectors.
